If helps a lot report

In our If helps a lot report, we share business insights and customer highlights from the quarter. On this page, you can read snippets from the report or access the full version by clicking the button below. 

Read the If helps a lot report Financial results for the group, see Sampo’s quarterly reporting.

We are well positioned for growth and to meet increasing demand for personal insurance

We are leaving yet another strong quarter behind us, backed up by high customer loyalty, and an expanding customer base. Both inflation and claims development were lower, compared to the same period last year, which was impacted by individual large claims. 

The integration of Topdanmark into If was a major milestone. We are proud to serve an additional 100,000 new commercial and agricultural customers as well as over 600,000 private customers. The integration of Topdanmark solidifies If’s position as the largest insurance company in the Nordics, next to a strong position in the 
Baltics. We have never been better positioned to help our customers. 

Our size and strong market position, is not only a competitive advantage, but also benefits our customers. It gives us much better opportunities

to strengthen our digital solutions on all markets, which is something that we know that our customers appreciate.

We’ve seen a growing demand for personal insurance –a clear sign that our customers are increasingly looking for stability for themselves, their families, and businesses. Personal insurance also stands out when we look at our results for this quarter with strong growth across all business areas.

Together – we are ready to meet the future needs of our customers and to help a lot. We look forward to supporting a shift, where personal risk is considered just as important to insure as any personal assets - such as a car or a home.

Morten Thorsrud, CEO at If Insurance

From recovery to resilience: Mats' story

Mats Hildisch was 18 years old and a promising hockey player for Norway’s junior national team when everything changed. A few seconds in a hockey match turned his life upside down when he crashed headfirst into the goalpost. Since that day, Mats has been paralyzed from the chest down. But his mindset as an athlete has helped him live life to the fullest.

“My athlete’s brain knows that a bad day can still turn into a good day. If I wake up feeling low, I stick to my routines. That’s fundamental,” he says.

Cycling has become his new passion – and something the whole family enjoys together. Mats bikes near his home outside Oslo as often as possible, but he prefers bigger adventures, like biking all the way around Trysilfjellet. His next goal is Rallarvegen, an 82-kilometre trail that follows the historic Bergen Railway across the Hardangervidda mountain plateau.

“At first, I thought a lot about everything I couldn’t do anymore. But quite soon I managed to change my mindset and started setting goals – big and small. For me, a goal is something you actively work towards, so I just had to start,” Mats explains.

Accept, process, and act. That’s been my approach from day one and it’s what I live by.

It’s been nearly five years since the accident, and life has required major adjustments. His childhood home had to be completely rebuilt to fit his new needs, with everything from electric doors to remote-controlled lights and heating. Mats had a child insurance that helped him and his parents rebuild their life after the accident. Thanks to that, he has moved into his own apartment and this summer he bought his first car.

“The child insurance has given me financial security for the rest of my life. It’s a great relief not having to worry about my financial situation”, Mats says.

After the accident, Mats began giving talks about what happened and his journey back to an active life. He visited several If offices to share his story with employees, and during these visits he became so inspired that he decided to apply for a job – and got it. 

Today, Mats works as a motor claims advisor at If.

Setting goals and having the right attitude is central in Mats’s message and his positive outlook on life.

“Accept, process, and act. That’s been my approach from day one and it’s what I live by. My goal is to live as normally as I did before the accident. I have a supportive family, great colleagues and a really good life. This is a happy story,” Mats says.

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